Paul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Sciences on Monday.
“It’s been an extremely weird day, but weird in a positive way,” Mr. Krugman said in an interview on his way to a Washington meeting for the Group of [...]

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Since it’s always fun to listen to John McCain argue with John McCain, let’s revisit McCain’s two reactions to the Wall Street meltdown yesterday. First there was this:

And then, a couple of hours later:

Besides probably being the fastest flip-flop in political history, these two conflicting statements also provide some insight for undecided voters…they learned that [...]

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Having watched the Obama campaign for the last six weeks, I can tell you two things for certain about this election:
First, Issue #1 for the Obama campaign is the economy. Duh.
Second, Issue #1 for the majority of the electorate is also the economy. Duh.
Why then does the McCain camp seem so intent on dodging the [...]

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So sayeth the NY Times/CBS poll. And this is not going to help John McCain win an election (nor help John Boehner keep his job… who wants to be a Republican? The answer is no one).
Americans are more dissatisfied with the country’s direction than at any time since the New York Times/CBS News poll began [...]

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By E. J. Dionne Jr.
Tuesday, March 18, 2008; Page A19 Never do I want to hear again from my conservative friends about how brilliant capitalists are, how much they deserve their seven-figure salaries and how government should keep its hands off the private economy.
The Wall Street titans have turned into a bunch of welfare [...]

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In the following interivew, Nobel laureate Joe Stiglitz talks about how the economy has replaced Iraq as the central issue in the presidential campaign, but how the two are closely related.
Stiglitz was awarded the Nobel Prize for Economics in 2001. He is author with Linda Bilmes of “The Three Trillion Dollar War: The True Cost [...]

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It’s been rumored for a long time, but now it’s reality.
Microsoft has made an unsolicited $44.6 billion bid for Yahoo. The bid, which would consist of cash and Microsoft stock, values Yahoo shares at $31 a share, a 62% premium on Thursdays closing price.
Michael Arrington, of Techcrunch, stated during his appearance on Fox Business this [...]

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A biofuel startup in Illinois can make ethanol from just about anything organic for less than $1 per gallon, and it wouldn’t interfere with food supplies, company officials said.
Coskata, which is backed by General Motors and other investors, uses bacteria to convert almost any organic material, from corn husks (but not the corn itself) [...]

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In yesterday’s press briefing, a reporter asked White House Press Secretary Dana Perino about the tie between the current U.S. economy and the Iraq war. Perino quickly dismissed the reporter’s question, insisting that the U.S. economy has been “very strong” and adding that the money was necessary to “take the fight to the enemy” after [...]

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Apple has already posted their quarterly results for all to read. Here’s what Apple sold this quarter:

2,319,000 Macs (44% more than last quarter)
22,121,000 iPods (5% more than last quarter)
2,315,000 iPhones

Revenues clocked in at $9.6 billion and a net profit of $1.58 billion.
Best. Quarter. Ever.

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